Description

Coal Mining in India to 2021 - Coal to Dominate the Energy Mix, Regardless of the Rise in Renewables Description

Coal Mining in India to 2021 - Coal to Dominate the Energy Mix, Regardless of the Rise in Renewables

Summary

India is endowed with vast mineral deposits, including coal, iron ore, bauxite, manganese, copper, lead, zinc, and limestone. The country’s mining industry has great potential and provides basic raw materials to various industries, including steel and power. India had 308.8 Billion tonnes (Bnt) of coal resources comprised of proved, indicated, and inferred resources of 138.1Bnt, 139.1Bnt, and 31.6Bnt, respectively, as of March 2016. The majority of these are spread across the Indian states of Jharkhand, Odisha, and Chhattisgarh, which collectively accounted for 69% of the country’s total coal resources.

India had 44.6Bnt of lignite reserves, which are largely found in Tamil Nadu, Gujarat, Rajasthan, Pondicherry, and Jammu and Kashmir. The country broadly classifies coal grades based on the ash and moisture content, and gross calorific value (GCV). India’s estimated coal production of 765Mt ranked the country as the third-largest coal producer globally in 2016. Odisha, Chhattisgarh, Jharkhand, Madhya Pradesh, and Telangana are among the top-five coal producing states, collectively accounting for 87.3% of the country’s coal production during 2015.

By 2021, the country’s coal production is expected to grow at a compound annual growth rate (CAGR) of 12.3%. India was third-largest consumer of coal in 2016. Coal is predominantly consumed by the domestic power sector, while steel and cement industries account for a nominal share.

India’s mining industry is governed by the Ministry of Mines, the Indian Bureau of Mines (IBM) and the Geological Survey of India (GSI). The Mines and Minerals (Development and Regulation) Amendment Bill 2015 - which came into effect on January 12 of that year - and the Mines Act 1952, together with the rules and regulations framed under them, constitute the basic laws governing the Indian mining sector.

The report Coal Mining in India to 2021 - Coal to Dominate the Energy Mix, Regardless of the Rise in Renewables, covers comprehensive information on India’s coal mining industry, coal resources by state, type and category; lignite reserves by type and category, the historical and forecast data on coal production, by type, by grade and by state. The report also includes the historical and forecast data on coal consumption, imports, and imports by type. Detailed analysis of the Indian mining industry’s regulatory structure, factors affecting the demand for coal, competitive landscape, and mining projects at various stages (active, exploration and development) of the supply chain is provided.Companies mentioned in this report: Coal India Limited (CIL) and Singareni Collieries Company Ltd (SCCl).